Marico's Q2 financial results show flat performance, but strong operating cash flow and net sales

Marico, a leading FMCG company, has recently announced its financial results for the quarter ending September 2024. The company, which falls under the largecap category, has reported a flat performance for the second quarter of the fiscal year 2024-2025. This is a significant decrease from its score of 11 in the last three months.

Despite this, there are some positive aspects to Marico's financials. The company has shown a strong operating cash flow, with an annual amount of Rs 1,436.00 crore and a consistent growth over the past three years. Additionally, its net sales for the quarter have reached a high of Rs 2,664.00 crore, showing a positive trend in the near term.

However, there are also some areas of concern for Marico. The company's debtors turnover ratio for the half-yearly period is at its lowest in the last five periods, indicating a slower pace in settling its debtors. Furthermore, its non-operating income for the quarter has reached a high of Rs 82.00 crore, which may not be sustainable in the long run.

MarketsMOJO, a leading stock market analysis platform, has given a 'Hold' call for Marico's stock based on these financial results. It is important to note that this article is based solely on the information provided by the company and does not include any external data or sources. As always, it is recommended to do your own research and consult with a financial advisor before making any investment decisions.